Amazing swing trading idea for 18 January Markets I daily make educational content videos for swing / positional trading
Swingtrading
NAUKRI - SWING TRADE - 7th January #stocksNAUKRI (1D TF) Swing Trade Analysis given on 7th Jan, 2024
Pattern: ASCENDING TRIANGLE
- Volume Spike at Resistance - Done ✓
- Breakout - In Progress
- Retracement & Consolidation - In Progress
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GSK Pharma- Ready to breakout?As explained, Glaxo is looking strong for a reversal near support trendline. Trendline breakout can be a beartrap.
RSI positive divergence in weekly TF is supporting the analysis. Best buy is near 1265 with SL below 1227 and target of 1345+.
However, this idea is shared just for educational purposes and not a recommendation.
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industower is good for swingindus tower is good for swing trading stock at support level Q2 profit is 49% revenue declined 10% so the price is corrected now at trend line is good to buy ,weight for the price to close above 168-170 rs and then buy.if the price crossed below the trend line it goes down target 195-200rs stop loss 156rs
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